ISLAMABAD – Pakistan has decided to make offer to Saudi Arabia over RekoDik Gold Mines in Balochistan, it has been revealed.
The energy and power chief of Saudi Arabia is expected to arrive in Gwadar,Balochistan, on Saturday, sources in the Petroleum Division.
According to the sources, Khalid bin Abdulaziz Al-Falih, the Kingdom’sminister of energy, industry, and mineral resources, will likely sign amemorandum of understanding (MoU) with Pakistan during the visit to set upan oil refinery in Gwadar.
Sources at the Petroleum Division also said it was expected that therepresentatives of Islamabad and Riyadh would sign additional MoUspertaining to the bilateral cooperation in the mineral resources.
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In addition to this, Saudi Arabia will also be invited to make investmentsin Balochistan’s Reko Diq Mine project that deals in gold and copper.
To welcome Al-Falih, who is also the current chairperson of Maaden, a SaudiArabian mining company and former chairperson at the famed Saudi Aramco, adelegation of top officials led by Petroleum Minister Ghulam Sarwar Khan isalready in Quetta from where they would travel to Gwadar to meet the Saudiparty.
